REVENUE does not legally have the power to waive the millions of euro in back taxes owed to it by 115,000 pensioners, a leading accountancy expert has claimed.

THE self-employed tax take could be down as much as 30% this year resulting in a significant shortfall for the exchequer.

ACCA Ireland (Association of Chartered Certified Accountants) is warning taxpayers not to reply to emails from the HMRC (the British tax authorities) after Irish-based British taxpayers were targeted with bogus tax refund emails.

A COUPLE who met on a skiing holiday in Italy two years ago have landed a dream wedding prize worth e46,000.

DEFINED benefit (DB) pension schemes can pose the single biggest threat to a company's long term future, said Liam Quigley, senior consultant with Mercer.

THE taxman has stopped imposing the “death penalty”. Dead tax defaulters, or their surviving families, will no longer have to answer for their evasions from beyond the grave after the Revenue Commissioners changed the rules concerning the treatment of dead taxpayers.

Companies may be cherry-picking one set of accounting rules over another to show their financial position in a better light, it was claimed today.

ACCA (the Association of Chartered Certified Accountants) has today welcomed the proposed consolidation of the Companies Acts as “the completion of a major milestone in process of reforming and consolidating company law”.

HOLDERS of single-premium insurance policies, who have had their details released to the Revenue Commissioners, have been urged not to panic by a national accountants body.

THE Association of Chartered Certified Accountants (ACCA) has warned that despite recent changes to company law, a number of unqualified persons continue to hold themselves out to be auditors.